Why Comcast (CMCSA) Stock Is Tumbling Today
Comcast’s (CMCSA) stock is sinking 13% after the firm reported that it had lost net totals of 139,000 broadband internet customers and 311,000 video subscribers last quarter. The large declines drew ...
Comcast's broadband woes may fuel the stock's worst day in 16 years. What's next?
The company lost 139,000 subscribers in its residential broadband business during the fourth quarter, when factoring in some negative impact associated with hurricanes Milton and Helene. Analysts ...
Comcast stock sinks as Peacock fails to add more subscribers, broadband losses disappoint
Comcast stock fell double digits on Thursday after the company reported a bigger-than-expected drop in broadband customers ...
Comcast Stock Plunges After It Reports Losing 139,000 Broadband Customers: 'Disappointing'
Comcast shares dropped 12% Thursday morning after the company reported a loss of nearly 140,000 residential broadband ...
Comcast Chief on TV Division’s Future and Cable Channel Spinoff: ‘We’re Running a Broadcast-Plus- Streaming Strategy’
NBCUniversal executives offered one statistic during the company’s Q4 earnings call that explains everything about why parent company Comcast is preparing to spin off the bulk of NBCU’s cable channels ...
Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles
The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month. Shares of Comcast ( CMCSA) fell to their lowest level in more than two years Thursday ...
Comcast Just Gave Six Cities an Early Look at Lag-Free Internet
Comcast's L4S testing is bringing low lag internet to six American cities, with the goal to make it free for all of the ISP's customers.
Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses
The broadband subscriber losses overshadowed the telecom and media giant’s upbeat results and the announcement of a $15 billion share buyback program.
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Comcast customers in Hanover may experience issues calling 911
HANOVER COUNTY, Va. (WRIC) — Comcast customers in Hanover County may experience issues contacting 911 on Thursday. At around 11 a.m. on Thursday, Jan. 30, officials said Comcast had contacted Hanover ...
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Comcast cord cuts take shine off studios
Comcast has reported results for the quarter ended December 31st 2024. Consolidated revenue was up 2.1 per cent at $31.9 billion (€30.5bn) whilst full year re ...
Charter shares tumble after Comcast's broadband losses
Investing.com -- Charter Communications (NASDAQ: CHTR) stock fell 6.3% following Comcast (NASDAQ: CMCSA )'s report of significant broadband subscriber losses, which also dragged its own shares down by ...
Comcast slides as broadband, video sub losses steal spotlight from results beat, Studio strength
Shares in media and cable giant Comcast (NASDAQ:CMCSA) slumped in early open market trading on Thursday after the company ...